Saudi Arabia

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Washington backs $650m missile sale to Riyadh

Washington backs $650m missile sale to Riyadh

The US Senate rejected a resolution on Tuesday that would have prohibited the proposed sale of advanced medium range air-to-air missiles, missile launchers and other weapons and support to Saudi Arabia

Israel ups the alarm on Iranian drones

Israel ups the alarm on Iranian drones

Defense Minister Benny Gantz revealed this week that Iran tried transferring explosives in 2018 from Syria to terror elements in the West Bank using an unmanned aerial vehicle. As …

Russia becomes world’s biggest oil producer in September

Russia becomes world’s biggest oil producer in September

Russia became the world’s largest oil producer in terms of volumes, outpacing the US in September 2021, the state statistics service Rosstat reported on Wednesday. In particular, Moscow produced 10.45 mln barrels of oil per day in …

Russia to refocus energy strategy

Russia to refocus energy strategy

Russia's aim to be carbon neutral by 2060 -- announced by President Putin in the run-up to the COP26 climate meeting -- will require a huge restructuring of its economy, which is today heavily dependent on oil and gas revenues

Theme park to be built on oil platforms in Saudi Arabia

Theme park to be built on oil platforms in Saudi Arabia

Saudi Arabia will try to outdo the extreme entertainment attractions that Dubai offers by creating a massive new theme park, or "extreme park," as they call it. The Arabic kingdom announced plans for its new development called "The …

IMF: Global growth is not expected

IMF: Global growth is not expected

Persistent supply chain disruptions and inflation pressures are constraining the global economy's recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks for the United States and other major industrial powers

Saudi and Iran agree to reopen consulates - source

Saudi and Iran agree to reopen consulates - source

Regional arch-rivals Saudi Arabia and Iran are showing signs of warming relations, a foreign diplomat said. A foreign diplomat residing in the kingdom who is privy to the negotiations said that the two sides "were on the verge of …

UAE and Saudi Arabia introduce new visas

UAE and Saudi Arabia introduce new visas

Amid an attempt to drive a post-coronavirus economic rebound, a number of countries in the Gulf have introduced new immigration measures to help attract skilled foreign workers

UN welcomes negotiations between Saudi Arabia and Iran

UN welcomes negotiations between Saudi Arabia and Iran

United Nations Secretary General Antonio Guterres welcomed the negotiations between the Kingdom of Saudi Arabia and Iran and said he was ready to help at any time, according to a press conference held by the spokesperson for the …

Saudi Aramco cuts crude price to main buyers

Saudi Aramco cuts crude price to main buyers

Saudi Arabia reduced oil prices for its main buyers, a day after OPEC+ sent crude futures surging by sticking to a plan for slow and steady supply increases. State firm Saudi Aramco’s cuts for customers in Asia, Europe and the …